The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-07-28
FINANCE and COMMERCE.
HONEY 2 TO 8 PER CENT, NEW
YORK EXCHANGE 1.S PREM.
Cotton Dali - Middling Cotton, 1Oc
sales Today Unim.
pOrtant.
APPEAL OFFICE.

WEDNESDAY EVENING, July q, ISL
Money 10 in sufficiently good cup
ply for business requirements, and Is
going out at Z to s per cent, the latter
figure ruling. No transactions today
at the Stock Call Board session, al
though there were many close bids
and offerings.
The local cotton market remains
dull and unchanged, with no sales.
AT New Orleans spot cotton is firm
and unchanged, and futures closed
steady ct an advance OF to Z points
on the old crop months, and 9 to 4
advance on the new.
The Liverpool market Is quoted I'M
changed, fair business, with futures
advanced 8 to 4 points.
New York spots CLOSED steady and
unchanged with futures up A to 8
points on the old crop and an advance
OF 8 points on the new.
@. L. Greene & Co's report OF the
9th, on cotton futures, says: Cotton
contracts continue to move fairly, but
without any remarkably significant
feature. Today the turn was more
generally upward, as the run OF buying
orders happened to be somewhat the
largest, and offerings were made with
greater care. This new crop was
bought on a covering movement.
There was gain Of 3 to points fair.
ly sustained to the close. -
The Manchester Guardian OF the
9th In Ito commercial article says:
Business Is tame in some departments
1t lie fiat. Producers having sufficient
orders are firm; others are easier with
the tendency in favor Of buyers. H.
dis merchants who bought moderately
last week inquiring lees actively.
There is eome demand for Chins,
though there Is great diff !ulty In Fl.
fecting GALES owing to the insufficient
prices offered. There is more bust.
nees for the Lavant and Persia and
there lie a steady business for South
AmIr.ca and the Continent. Orders
are not numerous. Home trade houses
are delivering more freely; they are
not placing many fresh orders. Ex'
port yarns are quiet. Sales have been
moderate. China and Japan sorts are
steady. The late increase In
business Is supporting prices.
There are inquiries for the
continent, but buyers are purchasing
only for actual needs, as they expect
further fall. Home manufacturers
are acting likewise; many OF them
have plentiful supplies and are not
eager buyers, although they are able
to purchase at more favorable terms
than on Friday. The cloth trade is
inactive. There is less inquiry for In.
dia shirtinss. There are some orders
for China at low prices, aud they are
consequently difficult 10 pace. Or
binary widths are freely offered.
Wide widths are steady. The produc.
ton 10 we'll engaged. There Is some
inquiry for jaconets and mulls.
Prints are steady though quiet. There
is rather more business for good me.
dium.
IMPORTS.
Two hundred and fity.eight sks
bran, 1885 rolls bsgging, $50 pkgs
bacon, 500 pkgs boots aud shoes, $500
bu corn, 100 pkgs cheese, 80 SKIS coffee,
500 sks cotton seed, l25 pkgs dry
goods, % pkgs eggs, 1922 bbls flour,
1896 bales hay, 81 pkgs hats, lls head
sheep, 80 head horses and mules, 1872
pkgs lard, $4,000 feet lumber, 25 pkgs
liquor, care lime, 800 bbls meal, 5000
bu oats, 20 brls onions, 80 bbls pota-
toes,3 cars perks sides. 100 bbls sugar,
222 pkgs tobacco, $500 bu wheat.